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April 29, 2024
 

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UBER

Japan Times
BUSINESS / Companies
Oct 25, 2019
Uber CEO Khosrowshahi vows to deliver a profit, with help from India
Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi is vowing to make his company profitable while pursuing growth from emerging arenas such as India, addressing investors' concerns about the ride-sharing company's mounting losses and global regulatory challenges.
Japan Times
BUSINESS / Companies
Oct 8, 2019
SoftBank's damage from Uber and WeWork could exceed $5 billion
Masayoshi Son's startups have had a rough few months, from a botched initial public offering by WeWork to a sharp decline in shares of Uber Technologies Inc.
Japan Times
BUSINESS / Companies
Oct 3, 2019
Uber Eats delivery staff in Japan form labor union
Delivery firm's “platformers” in Japan want better terms, benefits and working conditions, particularly accident insurance.
Japan Times
BUSINESS
Aug 28, 2019
In first convenience store tie-up, Uber Eats to try delivering Lawson goods in Tokyo
Uber Technologies Inc. said Tuesday it will start delivering Lawson Inc. convenience store items on a trial basis starting this week.
Japan Times
BUSINESS
Aug 5, 2019
Shadow banking crisis a key factor in India's auto sector plunge
Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were opened on a recent Saturday morning — not a single customer was in sight.
Japan Times
BUSINESS / Companies
Jul 9, 2019
Spritely seniors in Japan signing up to deliver on foot for Uber Eats
Uber Technologies Inc.'s strategy for Japan, where ride-sharing is banned, is as unique as the country itself — think grandma in running shoes delivering ramen noodles.
Japan Times
BUSINESS / Companies
Jun 21, 2019
Slack valuation hits $21 billion in debut after firm shuns IPO
While a parade of initial public offerings from Silicon Valley have garnered mixed receptions from investors so far this year, Slack Technologies Inc. took a different route Thursday and saw its shares soar as it went public without an IPO.
Japan Times
BUSINESS / Companies
Jun 13, 2019
Toyota to cut managers' summer bonus by up to 5% due to high R&D costs
Toyota Motor Corp. will cut summer bonuses for some 9,800 managers by 4 to 5 percent, as it looks to tighten cost control in the face of high spending on developing technology for autonomous and electrified vehicles, a source close to the matter said Thursday.
Japan Times
BUSINESS / Companies
Jun 13, 2019
Uber Eats delivery staff in Japan to launch labor union as they dispute their 'contractor' status
Food delivery staff working in Japan for ride-hailing company Uber Technologies Inc. said Wednesday they plan to form a labor union in a bid to improve what they see as disadvantageous treatment for being classified as independent contractors rather than employees.
Japan Times
BUSINESS / Companies
May 17, 2019
Toyota considers offering self-driving technology to ride-hailing firms in Asia
Toyota Motor Corp. is considering offering autonomous driving technologies to ride-hailing firms, sources close to the matter said Thursday, in its latest push to become a company offering not only cars but also various mobility services.
Japan Times
BUSINESS / Companies
May 13, 2019
Days after announcing tripling of profits, SoftBank market value slides $9 billion as Uber IPO flops
Last Thursday, as his company booked a $3.8 billion gain from its stake in Uber Technologies Inc., Masayoshi Son told SoftBank Group Corp. investors that their time had finally come. Instead, they're still waiting.
Japan Times
BUSINESS
May 13, 2019
All eyes on Uber's second day of trading after debut flop amid Trump trade war and Lyft's drag
Uber's bruised investors have had the weekend to prep for what looks like a rough Monday for markets, partly because the escalation of President Donald Trump's tariff spat with China is set to hammer sentiment.
Japan Times
BUSINESS / Companies
May 11, 2019
Weak Uber market debut augurs poorly for other Silicon Valley unicorns
Uber Technologies Inc.'s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook would weigh on other Silicon Valley unicorns.
Japan Times
BUSINESS / Companies
Apr 19, 2019
SoftBank, Toyota and Denso invest $1 billion to pump up Uber's self-driving unit ahead of IPO
The bet by the three-way Japanese consortium gives Advanced Technologies Group a valuation of $7.25 billion on the eve of its public offering.
Japan Times
BUSINESS / Tech
Apr 18, 2019
'Shooting for big game': Softbank's push for transport dominance
SoftBank Group Corp. leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc. turn into more than $13 billion when the company goes public next month.
Japan Times
WORLD / Crime & Legal
Apr 1, 2019
Murdered South Carolina student may have thought car was her Uber ride, say police
A South Carolina man has been charged in the murder of a University of South Carolina student who may have gotten into her killer's car mistakenly believing that it was her Uber ride, police said.
Japan Times
BUSINESS / Companies
Mar 25, 2019
Uber reportedly poised to declare $3.1 billion deal to acquire Mideast rival Careem this week
Uber Technologies Inc. will announce a $3.1 billion cash-and-shares deal to acquire its Dubai-based rival Careem Networks FZ as early as this week, according to sources with knowledge of the matter.
Japan Times
BUSINESS / Companies
Mar 14, 2019
SoftBank and Toyota in talks to invest $1 billion in Uber's self-driving unit: sources
A group of investors led by SoftBank Group Corp. and Toyota Motor Corp. is in talks to invest $1 billion or more into Uber Technologies Inc.'s self-driving vehicle unit, which would value the unit at $5 billion to $10 billion, said two people familiar with the talks.
BUSINESS
Mar 4, 2019
French 3% tax on internet giants could yield €500 million yearly, says finance minister Le Maire
A 3 percent tax on the French revenue of large internet companies could yield €500 million per year, French Finance Minister Bruno Le Maire said on Sunday.
Japan Times
WORLD
Jan 8, 2019
Michigan Uber driver pleads guilty to killing six in 2016 shooting spree, saying app could 'take over' his body
An Uber driver accused of fatally shooting six people in Michigan and wounding two others while on the job pleaded guilty to all charges Monday, after initially blaming the ride sharing company's app for compelling him to kill.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Ukraine is far from doomed
When comparing Ukraine’s military situation in 2024 to Europe’s in 1941, Russia’s defeat seems entirely possible.
When will Japan intervene to support the yen?
Finance Minister Shunichi Suzuki has reiterated the government's readiness to take an appropriate action as the yen continues to slide against the U.S. dollar.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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